68923 ÷ 8 = 8615 R3
Alright, let's work through the division of 68923 by 8 step by step.

Step 1:
8 goes into 6 0 times with a remainder of 6.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 6 to get 6.
Bring next digit (8) of the dividend behind the 6 and repeat the process: 68 / 8

Step 2:
8 goes into 68 8 times with a remainder of 4.
Write down 8 as next digit of of the result. 
Result so far: 8
Subtract 64 from 68 to get 4.
Bring next digit (9) of the dividend behind the 4 and repeat the process: 49 / 8

Step 3:
8 goes into 49 6 times with a remainder of 1.
Write down 6 as next digit of of the result. 
Result so far: 86
Subtract 48 from 49 to get 1.
Bring next digit (2) of the dividend behind the 1 and repeat the process: 12 / 8

Step 4:
8 goes into 12 1 times with a remainder of 4.
Write down 1 as next digit of of the result. 
Result so far: 861
Subtract 8 from 12 to get 4.
Bring next digit (3) of the dividend behind the 4 and repeat the process: 43 / 8

Step 5:
8 goes into 43 5 times with a remainder of 3.
Write down 5 as next digit of of the result. 
Result so far: 8615
Subtract 40 from 43 to get 3.

The final result is 8615 with a remainder of 3.